Problem 15-24 Variable and fixed overhead variances-various issues LO 5, 6 Presented here are the original overhead budget and the actual costs incurred during April for Piccolo, Inc Piccolo's managers relate overhead to direct labor hours for planning, control, and product costing purposes. The original budget is based on budgeted production of 15,600 units in 5,200 standard direct labor hours. Actual production of 16,800 units required 6,200 actual direct labor hours. Original BudgetActual Costs Variable overhead Fixed overhead $18,720 34,320 $21,320 35,420 Required: a. Calculate the flexed budget allowances for variable and fixed overhead for April. Flexed budget Variable flexed budget Fixed flexed budget b. Calculate the direct labor efficiency variance for April expressed in terms of direct labor hours. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable.) irect labor efficiency variance hours